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$ 229,500
Est. payment | /mo
1,457 SqFt
$ 229,500
Est. payment | /mo
1,457 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,457 sqft
Price per Sqft $157
MLS Listing ID 202507868
Year Built 1950
Property Sub-Type Duplex
Property Description
The deal you have been looking for! The Hillcrest duplex has a 2bed/1bath unit and a 1bed/1bath unit. The rents are about $1400/month. Rents are significantly under market rented to long-term tenants, paying "month-to-month". Good tenants always pay on time. The opportunity here is to buy in a desirable neighborhood at a very low price per unit. Then make improvements to the units and over time as tenants move on, rehab them, and bring up to full market value. There are 2 parcels next to each other: each parcel has one duplex and a 2-car garage. Seller prefers to sell this duplex, with adjacent 1661 Camino Sierra, separately listed, concurrently to the same buyer, cash as-is, due to significant deferred maintenance.
Location
State CA
County Kern
Area 32
Exterior
Parking Features Garage, Uncovered
Garage Spaces 2.0
Parking On Site 2
Building
Story 1
Schools
Elementary Schools Mann, Horace
Middle Schools Compton
High Schools East
School District Bakersfield City
Listed by Phil M Jordan • Keller Williams Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "